Monday, 10 December 2018

MTECHTIPS MCX ZINC INTRADAY trading tips 11-12-2018


MTECHTIPS MCX ZINC INTRADAY trading tips  11-12-2018


MTECHTIPS    Zinc is in long- short-medium- short- term bull phase .Currently Zinc is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 185-184-183-182-. Immediate resistance for Zinc is 192 Short term and Intraday Level of ZINC Currently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 186 The Zinc is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 192.9 with a stop at 187.9 Below 186.5 go for sell with a stop at 191.5
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